30 Apr '17, 10pm

6 financial tips for millennial business owners

When it comes to owning a small business, millennials are in a committed relationship. In 2016, Wells Fargo conducted a study that revealed millennial business owners take their entrepreneurial ventures very seriously. In fact, of those surveyed, 80 percent plan to grow their business for years to come, even hoping to pass their companies down to their children in the future. However, if not managed properly, business finances can be a roadblock to future success. About 48 percent of millennials confess they are only “somewhat” knowledgeable about their business’s finances and rely on a wide net of resources — including family, friends and other business owners — for financial success. So, how can we help today’s millennial business owners succeed and have a comfortable future? Seasoned entrepreneurs can offer up proven financial advice, including these six tried and true ...

Full article: https://www.godaddy.com/garage/smallbusiness/manage/6-fin...

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